Business Opinion World Burberry Becomes First Luxury Brand To Suffer Chinese Backlash Over Xinjiang March 26, 2021 Ekemini Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game, becoming the first luxury brand assailed by the Chinese backlash to…
Business World Japan Approves Bill To Oversee Land Deals Near Defence Bases, Border Islands March 26, 2021 Ekemini Japan’s cabinet approved on Friday a bill that will tighten oversight of land deals and land use near military facilities and border islands, reflecting Tokyo’s concern about overseas security risks.…
Banking Investing World BOJ Forms Panel To Help Guide Central Bank Digital Currency Experiment March 26, 2021 Ekemini Set to begin experimenting in how to operate a central bank digital currency, the Bank of Japan said on Friday that it has formed a committee bringing together policymakers and…
Business Technology Forex, Border Control Soar Prices Of Fairly Used Cars` March 26, 2021 Ekemini The prices of fairly used cars known as ‘Tokumbo’ have skyrocketed due to tight border control and soaring exchange rates. A cross-section of car dealers, who spoke with NAN in…
Business World Indian Farmers Squat On Railway Tracks To Mark Four Months Of Protests March 26, 2021 Ekemini Dozens of farmers squatted on railway tracks in northern India on Friday, disrupting traffic to mark four months of a campaign against the opening up of agriculture produce markets to…
Business World Suez Blockage Sets Shipping Rates Racing, Oil And Gas Tankers Diverted Away March 26, 2021 Ekemini Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway as…
World Yemen’s Houthis Say Launched Attacks On Saudi Arabian Oil, Military Sites March 26, 2021 Ekemini Yemen’s Houthi forces on Friday said they launched attacks on Thursday on Saudi Arabia targeting facilities owned by state-owned oil company Saudi Aramco and military sites. The Iran-aligned group said…
Business Investing World UK Retail Sales Rise 2.1% In February March 26, 2021 Ekemini British retail sales rose by 2.1% in February from January even as non-essential shops remained in a coronavirus lockdowns, official data showed on Friday. Economists polled by Reuters had expected…
Banking Business Investing World Deutsche Bank CEO Willing To Give Up Investment Bank Oversight Role March 26, 2021 Ekemini Christian Sewing, chief executive officer of Deutsche Bank, is willing to give up his role overseeing the investment bank in the foreseeable future, a person with knowledge of the matter…
Business World Bitcoin Tumbles 7%, Pushing It Near $50,000 Threshold As Retail-Investor Interest Wanes March 26, 2021 Ekemini Bitcoin fell on Thursday by as much as 6.7%, to $50,440.17, as retail-investor interest slipped and the options market triggered volatility. Bitcoin is down by about 17% from the record…
Business World China’s Yuan Dips As Dollar Draws Strength From Recovery Hopes March 26, 2021 Ekemini The yuan dipped to a two-week low on Thursday as brighter U.S. economic prospects continue to bolster the dollar, chipping away at the relative appeal of the Chinese currency. SHANGHAI,…
Africa Business Technology Africa Is Ripe With Enough Innovation To Finance Its Future March 26, 2021 Ekemini If anything would increase a country’s chances of attaining economic independence, it is financial inclusion. With access to financial products and services, citizens can quickly meet social needs and be…
Business Local CBN Disburses N1.487tr To Boost Food Security March 25, 2021 Ekemini The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security. Its Governor, Mr Godwin Emefiele, made this known while presenting the…
Business World Nigeria’s Crackdown On Bitcoin Echoes Global Crypto Conundrum March 25, 2021 Ekemini Lagos, Nigeria – When the Central Bank of Nigeria (CBN) issued a circular in early February warning banks and financial institutions that “facilitating payments for cryptocurrency exchanges is prohibited” and…
Local Opinion NCDC Announces 96 New COVID-19 Infections Nationwide March 25, 2021 Ekemini The Nigeria Centre for Disease Control announced 96 new cases of COVID-19 late on Wednesday, bringing the total number of infections in the country to 162,178. The NCDC, which made…
Investing Technology World NFT Artwork By Humanoid Robot Sells At Auction For Nearly $700,000 March 25, 2021 Ekemini A digital artwork by humanoid robot Sophia was sold at auction on Thursday for $688,888 in the form of a Non-Fungible Token (NFT). NFTs, a digital signature saved on blockchain…
Business Local Opinion Exporters Fault Cargo Suspension At Lagos Ports March 25, 2021 Ekemini Nigerian exporters have expressed their disappointment with the Nigerian Ports Authority’s temporary suspension of export at the Lagos Ports Complex and the Tin Can Island Port for a period of…
Investing World European Fashion Stocks Hit By China Xinjiang Row March 25, 2021 Ekemini Shares of European fashion brands Adidas, Inditex and H&M fell on Thursday as they faced a storm of criticism on social media in China over comments they have previously made…
Opinion World Vaxcyte Asks Chairman Slaoui To Resign After GSK Harassment Allegation March 25, 2021 Ekemini U.S. vaccine developer Vaxcyte Inc on Thursday asked board chairman Moncef Slaoui to step down, a day after GlaxoSmithKline dismissed him as an independent probe found he had sexually harassed…
Local Opinion NAICOM Moves To Enforce Compulsory Insurance Of Public Buildings March 25, 2021 Ekemini To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in Abuja has inaugurated a technical committee. The committee was inaugurated…
Investing Local Opinion Aig-Imoukhuede Seeks Insurance Revolution March 25, 2021 Ekemini Former Chief Executive Officer of Access Bank, Aigboje Aig-Imoukhuede, has emphasised the need to focus on and grow other segments of financial services such as insurance, asset management, fintech and…
Banking Investing World ECB Seeks To Allay German Misgivings About Digital Euro March 25, 2021 Ekemini The European Central Bank sought on Thursday to allay misgivings in Germany about the launch of a digital euro, saying this form of electronic cash wouldn’t be used to penalise…
Technology World Boohoo Cuts Number Of UK Suppliers March 25, 2021 Ekemini British online fashion retailer Boohoo on Thursday revealed a major consolidation in its supplier base as it published a full list of UK manufacturers to meet a pledge on transparency.…
Business World UK Card Payments Recover Towards Pre-COVID Levels: ONS March 25, 2021 Ekemini Spending on credit and debit cards during the week to March 18 stood at 81% of its February 2020 pre-lockdown level, an increase of 16 percentage points since the start…
Investing World Stocks Sluggish, Dollar Near Four-Month Highs As Risk Appetite Wanes March 25, 2021 Ekemini Global equities languished close to two-week lows on Thursday, while the dollar cruised to near a four-month high against the euro as nervy investors worried that Europe’s COVID-19 response was…
Local Technology MTN Nigeria Unveils Customer Engagement Platform March 25, 2021 Ekemini MTN Nigeria has unveiled a new unified customer engagement platform, EnGauge, designed to enable small-to-medium enterprise business owners seamlessly administer transactions with customers, potentially increasing their productivity significantly. Developed in…
Technology World Deutsche Telekom, Slovak Unit Lose Appeal Against EU Antitrust Fine March 25, 2021 Ekemini Deutsche Telekom and its Slovak unit on Thursday lost their fight against an antitrust fine levied nearly a decade ago by European Union enforcers after Europe’s top court endorsed the…
Africa Local Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens March 25, 2021 Ekemini The Nigeria Hydrological Services Agency on Wednesday advised the three tiers of government and citizens across the country to prepare against impending devastating floods in 2021. Director-General, NIHSA, Clement Nze,…
Opinion World Hong Kong Tells Foreign Governments To Stop Accepting Special British Passport March 25, 2021 Ekemini The Hong Kong government has told some foreign consulates to stop accepting a British travel document that many of its young people use to apply for working holiday visas in…
World Bill Gates Says World Should Be Back To Normal By End-2022 Due To Vaccines March 25, 2021 Ekemini The world should be back to normal by the end of 2022 thanks to COVID-19 vaccines, Bill Gates said in an interview for Polish newspaper Gazeta Wyborcza and television broadcaster…
